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High-deductible health insurance with a health savings account

This plan offers a health savings account (HSA) and the funds that accumulate never expire. Members of this plan pay for all costs out of pocket, except for preventive care, until a high deductible is met.

To help cover your costs before you meet your deductible, UK will deposit money into your HSA.

Once you meet your deductible, you’ll pay a percentage of the cost. And if you meet your out-of-pocket maximum for the year, then 100% of services are covered.

News

Jar of savings with piggy bank.

May 7 New limited purpose flexible spending account for Saver health insurance members

Starting July 1, 2020, you can have the HSA that comes with Saver insurance plus a limited-purpose health FSA

April 21 No increase to your monthly health insurance cost

For employees eligible for the UK health credit for the year 2020-21

Employee monthly rates

HMO, PPO, Saver, Indemnity
Coverage Cost * UK pays You pay
Employee only $575 $542 $33
Employee + children $862 $719 $143
Employee + spouse $1,150 $885 $265
Family $1,437 $1,046 $391

* Regular part-time and temporary employees (less than 0.75 FTE or work less than an average of 30 hours per week in a 12 month measurement period), who are not eligible for the UK credit toward the costs of coverage, pay this rate.

UK contributes to your health savings account each month

To help cover your costs before you meet your deductible, UK will deposit money into a health savings account on a prorated basis.

Amount deposited in July and again in JanuaryTotal amount for the year
Employee-only coverage$500$1,000
Coverage that includes family members$1,000$2,000

You can also deposit money into your HSA

In addition to UK’s contributions to the health savings account, you can also contribute. You can designate an amount to be deposited per each paycheck.

For 2020-2021, you can contribute up to an additional $2,550 per year on the employee-only plan, and $5,100 per year on plans that include family members.

 

Funds in your health savings account never expire. So, you can use them to cover health costs in future years with another plan, or even save them to use in retirement.

If you expect to have more health care costs than you can afford to pay from your health savings account or your personal funds, you should consider one of our other health insurance plans.

You cannot enroll in both the Saver plan and a health FSA. However, you can enroll in a dependent care FSA and a limited FSA for only dental and vision expenses.

Coverage highlights

Deductibles and out-of-pocket maximums vary based on who you see for care.

You can meet your deductible or an out-of-pocket maximum on your own or in combination with any covered spouse, child or family member.

Just like our other plans, you save more with UK HealthCare. Deductibles are lower if you choose UK HealthCare for services.

Saver health planMaximumsUK HealthCareAnthemOut-of-network
Lifetime Maximum BenefitUnlimitedUnlimitedUnlimited
Out-of-Pocket AmountAnnual deductible$1,400 single; $2,800 family$3,450 single; $6,900 family$6,900 single; $13,800 family
Combined medical and prescription out-of-pocket maximum$2,800 single; $5,800 family$6,900 single; $13,800 familyNo maximum

Costs for common services

You pay 100% of the cost until you meet your deductible, then you pay a percentage of the cost.

Saver health planServiceUK HealthCareAnthemOut-of-network
Preventative Care$0$040% after deductible
Physician servicesPrimary care visit10% after deductible30% after deductible40% after deductible
Specialty care visit10% after deductible30% after deductible40% after deductible
Lab tests, X-rays, diagnostic tests10% after deductible30% after deductible40% after deductible
High-end diagnostics10% after deductible30% after deductible40% after deductible
Allergy shots10% after deductible30% after deductible40% after deductible
Hospital servicesInpatient hospital stay10% after deductible30% after deductible40% after deductible
Outpatient surgery10% after deductible30% after deductible40% after deductible
Emergent/Urgent ServicesUrgent treatment center visit10% after deductible30% after deductible40% after deductible
Emergency room visit30% after deductible30% after deductible30% after deductible
Other Medical ServicesPhysical therapy10% after deductible30% after deductible40% after deductible

Making changes

Your first 30 days

Welcome to UK! You can sign up for benefits depending on your FTE. Enroll in your benefits quickly in myUK.

Qualifying events

If you experience a major life change outside of open enrollment you can also make changes to your insurance. This is known as a qualifying event. You'll need to fill out a form within 30 days.

Benefits Open Enrollment

Our Benefits Open Enrollment happens every year so that you can make changes. Make changes quickly in myUK.